107 Jersey St | Paterson City

$650,000 | 1 Baths (1 Half) | 0.0 Sq. Ft.

Cash Cow Investment Opportunity - Prime Corner Lot! Welcome to your next income-generating powerhouse! This mixed-use, corner-lotproperty offers three separate units, making it the perfect opportunity for investors or owner-occupants looking to offset their mortgage with rentalincome. Offering two spacious residential units. Both are 3 bedroom apartments with separate utilities, providing steady rental income and attractinglong-term tenants. The ground-floor unit is currently a cafe primarily serving light meals and beverages, ensuring immediate cash flow. This high-visibility location guarantees strong business potential. Recently modernized, reducing maintenance headaches and maximizing efficiency. Just offRoute 80 with Route 19 crossing right over, ensuring easy access. Only minutes from St. Joseph's University Medical Center, a hub for professionalsseeking quality rentals. Whether you're an investor or a savvy buyer, this high-traffic, high-demand property is your ticket to financial success. Don'tmiss out schedule your showing today! Ground level can only be commercial* GSMLS 3948953

Directions to property: Follow I-80 W to NJ-19 N in Paterson. Take exit 57 B from I-80 W. Take exit 57 B toward Downtown/Pat

MLS Listing ID: 
GSMLS 3948953
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
1940
Living Area: 
0.0
Basement: 
Unfinished
Construction
Construction Materials: 
See Remarks
Roof: 
Asphalt Shingle
Energy Information: 
Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
1
Total Half-Bathrooms: 
1
Utilities
Information about utilities available on the property.
Heating System: 
3 Units
Heating System Fuel: 
Gas-Natural
Cooling System: 
Window A/C(s)
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.02
Lot Size (Dimensions): 
25X37
Waterfront: 
0
Lot Features
Driveway: 
Off-Street Parking
Parking Type: 
Off-Street Parking
Total Parking Spaces: 
0
Public Record
Parcel Number: 
2508-05201-0000-00020-0000-
Lot Number: 
20
Annual Tax: 
$10,704.00
Property Zoning: 
Mix
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
3/4/2025
Contract Details
Details about the listing contract.
Inclusions: 
Building Only
Possession: 
TBD
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
ADDISON REAL ESTATE